63, FORGE VALLEY WAY, WOMBOURNE, WOLVERHAMPTON, WV5 8JR - £234,950

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

63 FORGE VALLEY WAY is a very small semi-detached house of 47m², built sometime between 1967 and 1975, which could now be worth an estimated £343,246. It was last sold for £234,950 in April 2017, which was around 30% above the average April 2017 semi-detached price in the South Staffordshire local authority area. The most recent EPC inspection was February 2009, where the current energy rating was D, and the potential energy rating was D.

63 FORGE VALLEY WAY Sold Prices

Land registry data shows four sales for 63 FORGE VALLEY WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the South Staffordshire local authority area for the corresponding sale date. All of the four 63 FORGE VALLEY WAY sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2017 4 APR	£234,950	£180,183	30% above HPI
2010 22 APR	£189,000	£158,559	19% above HPI
2002 22 MAR	£106,000	£82,655	28% above HPI
1996 12 APR	£72,000	£53,185	35% above HPI

63 FORGE VALLEY WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the South Staffordshire local authority area over time, sourced from the HPI. The four 63 FORGE VALLEY WAY sales between April 1996 and April 2017 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the April 2010 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the April 2017 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.

What might 63 FORGE VALLEY WAY be worth now?

63 FORGE VALLEY WAY might now be worth an estimated £343,246.

This is based on house price inflation of 46.1%, between April 2017 and February 2025, for semi-detached houses, in the South Staffordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 46.1% inflationary increase is applied to the most recent sale price for 63 FORGE VALLEY WAY of £234,950 on 4th April 2017. For the value to have increased from £234,950 to £343,246 over the eight years and two months to February 2025, the following assumptions must hold true:

• The value of 63 FORGE VALLEY WAY has moved in line with the HPI for semi-detached houses in the South Staffordshire local authority area.
• The April 2017 sale price of £234,950 represented a fair market value for the property.
• The size, condition, and specification of 63 FORGE VALLEY WAY has not materially changed since April 2017.

How Large is 63 FORGE VALLEY WAY?

63 FORGE VALLEY WAY is 47m² according to the EPC inspection conducted in February 2009. This puts it in the smallest 10% of semi-detached houses houses in Wombourne, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Wombourne, and where 63 FORGE VALLEY WAY lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 63 FORGE VALLEY WAY, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Wombourne.

63 FORGE VALLEY WAY: Plot and Title Map

63 FORGE VALLEY WAY sits on a plot of roughly 0.073 of an acre, or 296m². The below map shows the location of 63 FORGE VALLEY WAY, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 63 FORGE VALLEY WAY). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 63 FORGE VALLEY WAY?

63 FORGE VALLEY WAY is located in WOMBOURNE, in the WV5 postcode district. The below map shows the position of No. 63 on FORGE VALLEY WAY.